RATE Group | Canada’s Fastest-Growing Cryptocurrency Trading Platform Launches 3 New Stablecoin Pairs
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Canada’s Fastest-Growing Cryptocurrency Trading Platform Launches 3 New Stablecoin Pairs

09 May Canada’s Fastest-Growing Cryptocurrency Trading Platform Launches 3 New Stablecoin Pairs

Posted at 00:45h in Cryptocurrency News by

TORONTO–(BUSINESS WIRE)–Newton announced today the introduction of 3 new stablecoin pairs to its cryptocurrency trading platform: USDT/USDC, XMR/USDC and BTC/USDC. Stable-coins are pegged to the value of fiat currency, such as USD or CAD, making them less subject to price swings typically seen in cryptocurrency markets.

Newton is the leading Canadian supporter of stablecoin projects, including Stable-corp’s QCAD, which launched in February, as well as USDT and USDC, two popular USD-backed stablecoins with billions of dollars in daily trading volume.

“With the introduction of 3 new stablecoin pairs – and many more to come – we’re making a big push into what we see as the future of fintech,” said Dustin Walper, CEO of Newton. “Stablecoin trading pairs allow customers to seamlessly exchange, for example, CAD for USD without waiting hours or days for funds to move from bank to bank.”

Since launching in late 2018, Newton has grown to become one of…

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